Articles Tagged with ''new home construction''

New home construction slowly gains ground

But total housing starts drop in April
New home construction increased slightly in April, while a drop in the multifamily sector caused housing starts to fall. But despite this slight increase, housing experts are not impressed and explained new construction is lagging significantly behind its historic averages.
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Housing inventory relief could be coming soon

Residential construction labor rising
Although current housing inventory continues to slip, driving up home prices and limiting homebuyers across the U.S., one expert says that could all be about to change. After analyzing February’s housing starts and construction employment data, First American Financial Corp. found the housing inventory shortage could soon see relief.
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New home construction sets strong pace for 2018

On track for strongest year since housing crisis
Housing starts increased in January, starting 2018 off at a strong pace; however, it is unclear if that pace will continue. While some experts are predicting a booming year for housing starts, others say January’s pace could have been better.
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Las Vegas sees boom in housing starts

Hits highest level since 2008
Housing starts in Las Vegas, Nevada, surged to housing boom levels at the end of 2017. However, these new homes are increasingly being built as more expensive, trade-up homes. In 2016, 42% of homes built were priced below $300,000, but in 2017, only 21% were built below that price line.
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New home construction rises in 2017, closes year on positive note

Housing starts, completions, and permits all increased over 2016
From the looks of it, 2017 ended up being a pretty decent year for new home construction. On Thursday, the Census Bureau and HUD provided a look at the December data on new home construction, and the report shows that building permits, housing starts, and housing completions all increased in 2017.
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Zillow acquires New Home Feed, listing service for new homes

Zillow says acquisition will improve quality of sites’ new home listings
Zillow Group, seeking to improve the quality of its websites’ new home listings, acquired New Home Feed, a listing management system that allows homebuilders to input, manage and syndicate their listings across the web. Tony Small, group vice president of emerging marketplaces at Zillow Group, said that acquiring New Home Feed is a “natural extension” for Zillow.
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Lennar bullish after new home demand reaches 10-year high

New orders, deliveries, revenue from home sales all see double-digit increases
The most recent data on housing starts and new home sales painted a decidedly gloomy picture about the state of the nation’s housing economy. And while some observers are suggesting that the lack of housing supply is nearing “emergency” status, one prominent homebuilder is seeing just the opposite.
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